AUDUSD:BREAKOUT PATTERN, SMOOTH BULLISH BREAKOUT OR FALSE BREAK?

Hello Enthusiast Forex Traders! Here's short-term outlook for AUDUSD , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)

AUDUSD is breaking out of the descending broadening wedge pattern. The price action indicates a potental bullish bias ahead to the target area. The MACD crossed above the zero area, it signify the potential bullish trend ahead.

The roadmap will be invalid after exceeding the support/target area.

DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the forex pairs.

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